Strong divergence on 1-hour tf, also there is a strong resistance area on daily tF, most probably price will go down from this area. Going short from here...
It's clear from the chart, that candles give respect to the daily time frame trendline, Also there is divergence... i am buying from this price ... Manage your stop losses accordingly.
Making HH, HL on 4H time frame . Also you guys can see there is bullish divergence on RSI. So my biased is bullish. You can ride the trend using tight stop loss.
CADChF bounced back testing double bottom and now it is making hH,hL. Also on fanonachi you guys can see it has break the resistance. Now it should make the hH to projected tp.
Bullish trend is crystal clear from chart .Took entry at 1.37568 with stop loss of 1.36500.Keep updating SL with Hype.Enjoy the trend until it hits the last Stop Loss
According to my perspective , Trend is gonna change from here, there might be possibility of bullish trend.But for the time being took entry with ST= 1.70057
As we can see from chart, its bearish trend. So according to my perspective we should take entry with the flow. Entry point will be 1.15 .With the passage of time we can guess should we take short entry or long.
